Massive Layoffs at HealthTech Startup
50% layoff at a Bangalore based health tech startup. Founder had no shame or guilt. Has raised funding recently but chose to fire people again. This is the third layoff in the last 1.5 years. Terrible management, declined variable pay. Severance is to paid in the next 4 months. Just trying to pivot the company into ‘AI’ without any plan whatsoever.
Talking product sense with Ridhi
9 min AI interview5 questions
HealthifyMe is the Startup. They are having other PR articles to cover this shit now
Can't see any news covering this
Links?
Could anyone confirm when this happened? Looking to report on it.
The company has been struggling to raise funds the last year or two. The lay offs happened on Thursday and only a shell of a company remains.
It's was also conveniently a day before the election, so less press attention.
Bro they raised funds a few months ago
AI is the new buzzword to get funding. Client just wants to see AI being implemented somewhere in their business so that they can write on their website something like AI driven company. If a startup suddenly starts to preach about AI, be prepared for some changes.
All are force fitting AIs into there usecase
This must have been named here in the past. You can name it for ease
I worked there for 9 months.
Toxic AF. The whole company. Every fucking team was toxic. Sad people have to pay the price.
The upper management is completely filled with Delulu people. And they are a tight Nexus. They don't let anybody enter them as well. A VP joined and resigned in less than 6 months.
This is the story in all unicorns/ large startups. The leadership is impossible, the founders are immature and the culture sucks b**ls. It is a struggle to find a good place to work anymore tbh. I am scared to join a large scale Indian startup anymore. There is zero merit, only cliques and leaders who can’t tell their bum from their head.
They've successfully reduced their weight it looks like.
These are not real founders. Just schemers
Lot of dumb founders are there. Funding winter just exposed them. VCs should black list these founders and ensure they don't open another start up and screw entire eco and spoil the name of our country